New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-14
HENRY S. IVES ARRESTED.
TIE "NAPoLEoNp MEETS HIS WATERLOO.

TAKEN TO THE ToMBs LIKE ANY MAN ACCUSED OF
| GRAND LA,CESY-RELEAsED on Bali.
Henry ;. Ives, whose name last summer was
daily in the mouths of every one interested in
wall Street affairs was arrested yesterday on
criminal proceedings, taken to the Tombs Police
| Court and released on bail The arrest was made
| quietly and was not known down town even by
the assignee Of the broken firm of Henry s. Ives
& Co. until the information was taken to him by
TRIBUNE reporter.
Inc proceedings were surprise to all persons
VINO heard of it, as the affairs of the young Ma
poeon OF finance had been making progress in
settlement to an extent that lullcd all suspicion
that his creditors intended to attempt to secure
his punishment by law. II was generally cx-
pected that he would be arrested when the scan
das OF his operations were developed by the fail
urc OF the Baltimore and Ohio deal which he
attempted TO conduct, but as time went by people
gave up expectation of seeing him in the hands
OF officers Of the law. In conversation yesterday
Mr. Ives confessed his surprise that lac was sub
jectcd to criminal proceedings, although he ac-
knowlcdgcd that civil suits galore would not
have astonishcd him.
The arrest was mode on the complaint Of julius
Dexter, the Cincinnati banker and president Of
the Cincinnati, Hamilton and Dayton Railway,
who charges Mr.. Ives with grano larceny. Mr.
Dexter alleges that Ives received n draft Of
sl0O,0 600 which had been made to his order as
trustee and indorscd by +. II. Short, treas
urer Of the Cincinnati. Hamilton and Dayton
Road, TO he used in part payment for the purchase
or the Tcrrc fIautc and Indianapolis Railroad
1t was part Of series Of drafts TO the amount Of
sSS9,500 which were to be used TO pay for the
controlling interest in that companys stocks
The other drafts were duly honorcd to the credit
81 President w. L. Mckcen. Of the Tcrrc IIautc
Road, but the one on which the arrest is based is
alleged to have been diverted by Ives to lis own
use The drafts had all been drawn by the First
National Bank Of Cincinnati on the Western Ma
tiona Bank Of this city.
FASTENING TIE ARREST or THE YOUNG BANKER.
Tho warrant for the arrest Of Mr.. Ives was
issued yesterday, but IL not expected that il
would he served until to-day. The plans of the
complainant changed later, and about
O'Clock in the afternoon Roundsman Fawcctt and
Officer O'Connor. Of the Tombs Squad, called at
No 9G Broadway and asked the young cX-banlcr
to accompany them to the Tombs Police Court.
Justice Kilbrcth had disposed Of the cases before
him and was about to go home when he met in the
scrgcant's room the arrest party, and after few
minutes conversation resumed his official scat
Time had been given to the arrested man t. secure
tho company Of his counsel, Edgar VI. Johnson
and Mr. Adler. Of the law firm 81 lloadly, John
son n IAutcrbach and beside, them Julius DcX-
ter the complainant, and Charles W. Cass, his
counsel were present.
When the warrant OF arrest WAS presented 70
Mr. ives Ac read II with surprise. Is ihl, right ~
he said " was not prepared for an arrest on
ciminal proceedings THIS matter is one for civil
litigation
Ives and Lis counsel took tho same Wow when
they confronted Justice kilbrcth In court. Bat
the on.} step lclt Was 10 s"t ont OF the trouble
a, '1ois ~ P",,'D', .,,o Nlor,n l'"Hru on'T
set Tie examination down for % a m tomorrow.
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whether lN'S c"u.i ohtaih tl' security h''d'i 10
keep him from experience IA prison cell
The Lo.r Was late, bat tie justice agreed 10 wat
until Ms Mary !. lN's. thr a..t'r ~ Tie PRISONER,
couII he found - hclp lcr lr .fi.rr out Of his
sc,.tu. Ai.s Iy., live, IN I.roolI,n but MIR
All 'c- ol. Of III. pr.>o,cr'. counsel ,lol, q cab
nrl dr,,. ns r,ti,IIv ns ro.efh.o ~ her home
I''' 'r il'.,, dris!r. ,, ,i lt.,s f,r a,,y
I"Nl,r ,'-I.I.so'i - ,.'"lr' 'i-' 'i' '.,1 ~. i ''i
chaIgr "i EIind larceny was V'!'ul"uAN S,',i
" Nv friend tass U.ay have much 20 say, b"
remarked but nv Iau If the case will be-
III ~ ,.i.,t - J,r,.I 81. ,,rlrJ larceny tLnu
-. t.,',,' ,,,l tr,,,,rt..n ,r,v hc orcn
10 attack on that ground II or" party To II ls
dissatisfied The question involved is simply
whether tie draft WAS to be- used or other money
,t,t ,,.,s ,,.oilobI. fnr tine same uurrO,c"
Mr. AIl0r returned "ilh tIirN ives III 1t COM
L:et I, I.c,,,.r .,,r.,. f,r ,io
,,,,.,r,,.c. ~ Icr Lroth,r tomorrow Tho Ives
r1rt, th.u lcr thc court room anl Justice XII
Lr.,L rut an his hat and went home In re-
spou.e L. the questions Of the clerk Of the court
MIR ives gave his rcSdcuc" as 80. 1876 Jora.cinoh-
Il llrooltlyn. and his age as twcntN-iour years
=, r''.,.. or, a. bu.ire,,r and was
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t =; ,Lo d,,,u.,. room, of fl. ne housc on
'''"''" 80 - -. ,i....,.,,.I al
bopklNh ll'lHHi1 iH l'''''''' ~ '.' y. 80
Ir..cd IN Liu hc said that lie really kucY Ittlc Oi
the matter which led his arrest, but ,he facts 50
far as he understood the were these;